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CastleNet Technology (ROCO:8059) Days Inventory : 265.99 (As of Dec. 2024)


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What is CastleNet Technology Days Inventory?

Days Inventory is also known as Days Sales of Inventory (DSI). CastleNet Technology's Average Total Inventories for the three months ended in Dec. 2024 was NT$820.4 Mil. CastleNet Technology's Cost of Goods Sold for the three months ended in Dec. 2024 was NT$281.4 Mil. Hence, CastleNet Technology's Days Inventory for the three months ended in Dec. 2024 was 265.99.

The historical rank and industry rank for CastleNet Technology's Days Inventory or its related term are showing as below:

ROCO:8059' s Days Inventory Range Over the Past 10 Years
Min: 27.1   Med: 73.32   Max: 517.92
Current: 504.97

During the past 13 years, CastleNet Technology's highest Days Inventory was 517.92. The lowest was 27.10. And the median was 73.32.

ROCO:8059's Days Inventory is ranked worse than
96.94% of 2386 companies
in the Hardware industry
Industry Median: 96.04 vs ROCO:8059: 504.97

CastleNet Technology's Days Inventory declined from Dec. 2023 (690.41) to Dec. 2024 (265.99).

Warning Sign:

If a company builds up inventory, it may mean it is having difficulties selling its goods.

Inventory Turnover measures how fast the company turns over its inventory within a year. CastleNet Technology's Inventory Turnover for the three months ended in Dec. 2024 was 0.34.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. CastleNet Technology's Inventory-to-Revenue for the three months ended in Dec. 2024 was 4.91.


CastleNet Technology Days Inventory Historical Data

The historical data trend for CastleNet Technology's Days Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

CastleNet Technology Days Inventory Chart

CastleNet Technology Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Days Inventory
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.67 32.92 153.47 517.92 478.07

CastleNet Technology Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Days Inventory Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 690.41 1,272.60 629.11 628.31 265.99

Competitive Comparison of CastleNet Technology's Days Inventory

For the Communication Equipment subindustry, CastleNet Technology's Days Inventory, along with its competitors' market caps and Days Inventory data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


CastleNet Technology's Days Inventory Distribution in the Hardware Industry

For the Hardware industry and Technology sector, CastleNet Technology's Days Inventory distribution charts can be found below:

* The bar in red indicates where CastleNet Technology's Days Inventory falls into.


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CastleNet Technology Days Inventory Calculation

Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

CastleNet Technology's Days Inventory for the fiscal year that ended in Dec. 2024 is calculated as

Days Inventory (A: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (A: Dec. 2023 ) + Total Inventories (A: Dec. 2024 )) / count ) / Cost of Goods Sold (A: Dec. 2024 )*Days in Period
=( (708.723 + 798.944) / 2 ) / 575.54*365
=753.8335 / 575.54*365
=478.07

CastleNet Technology's Days Inventory for the quarter that ended in Dec. 2024 is calculated as:

Days Inventory (Q: Dec. 2024 )
=Average Total Inventories / Cost of Goods Sold*Days in Period
=( (Total Inventories (Q: Sep. 2024 ) + Total Inventories (Q: Dec. 2024 )) / count ) / Cost of Goods Sold (Q: Dec. 2024 )*Days in Period
=( (841.841 + 798.944) / 2 ) / 281.437*365 / 4
=820.3925 / 281.437*365 / 4
=265.99

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


CastleNet Technology  (ROCO:8059) Days Inventory Explanation

Days Inventory indicates the liquidity of the inventory. Generally, a lower Days Inventory is preferred as it indicates a shorter duration to clear off the inventory. An increase of the ratio may indicate the company's sales slowed. Similar ratios related to Days Inventory are:

1. Inventory Turnover measures how fast the company turns over its inventory within a year.

CastleNet Technology's Inventory Turnover for the three months ended in Dec. 2024 is calculated as

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

CastleNet Technology's Inventory to Revenue for the three months ended in Dec. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

A lot of business are seasonable. It makes more sense to compare Days Inventory from the same period in the previous year instead of from the previous quarter.


CastleNet Technology Days Inventory Related Terms

Thank you for viewing the detailed overview of CastleNet Technology's Days Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.


CastleNet Technology Business Description

Traded in Other Exchanges
N/A
Address
No. 14, Beishen Road,, Ln. 141, Sec. 3, Shenkeng District, New Taipei City, TWN, 222004
CastleNet Technology Inc is a manufacturer of network communication equipment in Taiwan. It is predominantly engaged in the manufacturing and selling of consumer electronics products such as broadband communications and digital home entertainment. It offers products like EMTA Gateway, Data Gateway, Data Modem, and WiFi Mesh System among others. Geographically, the company generates a majority of its revenue from America followed by Asia, Europe, and Oceania.

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